YES, REALLY!!! I've been 100% successful on SVM trading. I've visited many times over the last year at this board and posted when to correctly buy & so forth. Last time I emphasized a buy was near 2.40 back in June = Fact. Anyhow--- My posts are based on short term trading cycles only, holding a few days or few weeks, that is my rationale when I said today to start buying now 2.30-2.40 area. A while back I said I hoped & waited for 2.50's or less, and that has happened, and now I'm interested in SVM, but only for short term. This thing has nice swings for trading every few weeks typically & that is a fact, which I take advantage of upon major oversold conditions. However, those of you who now how to properly short a stock & have the proper time frame of expirations, etc, then I say you can be correct. But does not mean my trades & strategy are wrong, & does not mean I contradict a person here who shorts. But those here who post so redundantly about shorting SVM need to know my trading short term swing cycles has worked great & to know the difference in time,e tc in contrast with my strategy (& short term recommendations).
A couple weeks ago i said hopefully 2.50's possible on SVM... and as usual I got SVM pegged right. Here at 2.30's-2.40's, one has got to start buying. Makes sense here.
A little of both. Gold oversold (after a lot of selling recently), & gold has been pricing in tapering as early as December & improving economic figures, so ti is why you don't see the typical big reactions. Gold has priced a lot of negativity already.--- at least in the short term.
The high volume is mainly fund flow balancing, recent new 'inflows' by the issuing bank that sponsors the NUGT (what all these funds do on a daily basis with inflows-outflows)... But certainly is an indicator of recent of huge selling of gold miners (GDX) & a sign of upcoming selling exhaustion in short term.
I scaled in around 12 area near bottom November 4. (my older posts prove this). I'm becoming interested in possible entry soon on DGAZ (near 11's?). Starting possible scale in soon. Nat gas short term seems a little overbought after nice run up all November thru present, at least that's what I'm thinking now.
I'm still sticking to my post from Nov 24. CERP looks like it found recent short term support after attempts to sell it down into .008's. We'll see in coming days if she breaks out back above .01+ again.
"20 years or more"???Cramer hasn't been on TV with a show nor as a famous influencer in the markets for nearly that long. Get a clue
I've been saying same thing the last few days. At the least, we see 38-39 above 20 day average on NUGT. Buy 45 area likely in short term for swing trade based on typical swings.
you & Zachperino are both SPAMMERS (And you both post together in same areas, so probably same spammer) ...You switch your ratings of buy or sell on things everyday & usually your calls are wrong (or late to the game)... IGNORED for now on = Goldoking7777
I'm absolutely convinced you area spammer, along with Zachperino. Your calls usually are wrong & you switch your strategy on what to buy or sell everyday. You were just talking up gold recently this week saying strong buy at various gold related stock boards. IGNORED for now on, I'm tired of looking at your garbage posts all over the place!!
**FYI, my track record is consistent & good on trades, as my post history is proof... so what you would say means nothing.
I hear ya! Typically in the past buying DUST or NUGT every few weeks when their RSI levels get very oversold has paid off. I just hope Gold & NUGT do not hit further lower on RSI, which is possible. I'm prepared for it however. It just seems that in current environment we could be experiencing an April or June type of condition, which is fine for upside later on, but it means a lot of weakness possible.
It seems more realistic to say you have your own version of reality. To compare me to a football game losing 56-0 to you is a ridiculous analogy. you seem like the type who lies to define at anytime where the goal & make up rules as you go along. You characterize me as if I started the game at 0 to 56 & only 2 minutes left over, that is essentially the reality you are suddenly putting me into with you! If you really understood all my prior posts, then you would not be playing such unfair game antics with me. What i said prior is practical regardless of your perceptions.
Obviously I do not mean simply anything negative in general is good to buy (but by-the-way, Enron did have lots of short term bounces for trading along the way of its collapse--- ha ha ha, good evidence to contradict you also). Anyhow, it is funny: Nice try on your part to spin my posts here on the gold trad, attempting to relate it to Enron. Too funny
i also got thumbed down for over 3+ weeks at UGAZ as it rose higher, and ever since I said buy near 12 in early November, and all the way up thru today's 17+ on UGAZ I continued to get thumbs down as I was right constantly. I laugh at you idiots who thumb my good trades down & ideas. Shows how good I must be.
Go ahead and thumb me down you idiots!! What I say makes sense and is factual, so it only proves i just be onto something good if idiots thumb me down!!
I am not fully doubting gold later on eventually to test 1100, 1000, or maybe 900 in coming months or longer... but in short term it seems overbought & a rebound rally back toward 20, maybe 50 day averages are due. And it could be a fierce bear market rally if so.
And i understand that the 1200 area cost of gold production is something to be aware of, but does not mean for a while gold won't trend lower than that next year, but i agree it would be a factor in curbing gold production supplies.